Does anyone here actually use Polkadot? And did any of you actually contribute to the crowdloans???.... I did.....and it has been an extremely bad experience as a user and investor. In its current state, Gavin Woods ecosystem is going no where fast. Im interested if anyone...who actually uses this ecosystem, is having a good user experience?
I really like what Gavin said about intention and ethos. Decentralization could become meaningless if it is not used a tool to disrupt the power paradigm! Polkadot rocks!!
It's clear that we're heading towards a bright Polkadot Future. This talk got us so excited, great to see Gavin wood back on stage too! Still believe that owning DOT is a front row seat to the most secure and soon-to-be agile blockspace on earth. And let's not forget Kusama, which stands to gain massively as teams can onboard more easily.
Was in the room listening to all of this at the time and instantly got it. Part 1 reminded me of three things: 1) the evolution of HPC distributed computing with temporal dependency and message passing-> linear scaling and embarrassingly parallel distributed compute+storage 2) scalar based compute -> SMP/SIMD vector/matrix based compute with scheduling for register access of instructions and the affinity given to each with clock cycle prioritisation 3) cloud compute resource consume pricing models Each evolutionary in revolutionising the fundamental units - compute + transport + storage resources Long live Polkadot, may it’s vision triumph
Polkadot supercomputer has 50 cores at the moment which can grow to 500-1000 cores in the nearest future. Oak Network is well positioned to provide on-chain automation for all of this and this shows how innovative and vital Oak Network is to the polkadot ecosystem. And with Dr Gavin Wood being such a visionary leader and seeing into the future about how this super amazing ecosystem called Polkadot could metamorphosis and explore its full potential there is no better time than to look into the Oak Network and explore all of the amazing features it’s bringing as a parachain to the Polkadot ecosystem
It's been a humbling and inspiring talk at the same time. All this will take time to be ready, but better change and adapt than slowly die. All the best to Gavin Wood and the rest of the team!
This is really visionary, i like the concept of cores and blockspace. It is also quite complex so it would need a lot more explanaition BUT it seems really oriented for the future! Oh and i also like how Gavin is talking a bit more straight about Polkadot being the only project capable of certain things - showing teeth.
was exciting to be at my very first crypto event, very first Polkadot crypto event, and was bowled over by Dr Gavin's vision for Polkadot... complete with his hand drawn sketches of the visin.... top top top 💯💯💯
"Always look on the briiiight side of life!" - Monty Python is who he sounded like. Crowdloans were fun.. made my profits and got the hell outta dodge. GL to the future dotters.
Oak is using a modular architecture that allows it to be easily customized and extended. This makes it well-suited for a variety of applications, such as decentralized exchanges, lending platforms, and asset management.
I am usually able to learn stuff relatively quickly, but after 10 hours of researching on polkadot I still have not the slightest idea what it is about or how it works
I proposed on reddit about this around 18 months ago, a Polkadot with guaranty for the developer, with out the hassle of renewing the parachain contract in certain period, glad to see things are turning that way. If I am a developer, why to gamble with my application's future by deploying it on a parachain with assurance of maximum 2 years? especially when there are other chains available, of course low tech, but with certainty. Another proposal from me was to have a common good chain by polkadot, where you can deploy smart contract, like in ethereum, to bring more authenticity to the project, I am not a crypto holder, but an enthusiast and analyst. This is what I thought as a layman following Polkadot from beginning. I really believe this proposal will do wonders for polkadot.
So correct me if I'm wrong, but it's like a pay-as-you-go blockchain cloud service, except it's decentralized, and because of interoperability you will be able to tap into any existing type of blockchain through Polkadot network?
Just a thought but with the new polkadot innovations, which I think are fantastic, but without the two year dot support, is there any use case for dot other than staking?
29:00 want to use this so a large group of people can use this on a rotational basis. Only connect to the blockchain when you need to raise money for a community project.
36:00 use this section of the talk to into the eukaryotic cell biomimicry of oS3. Polkadot as 8.1 PlanPi technology. Share my previous hempPaper for oS3 and see how polkadots new ecosystems compare
Hi, can someone give me a synopsis of what the talk is about and what Polkadot is aiming to do differently later on? Don't get too technical, just looking for a broad overview. Edit: I should say summary, not synopsis
I have to agree about the portion concerning decentralization. I've always thought of this as a buzzword, but with actual intent and focus on ethics/ethos this could be the proper step in making the D word legitimate.
No, it's not what you're thinking.. He's not saying that Polkadot will be executed on "50 CPU Cores". He's saying Polkadot's relaychain will be reconceptualized as a "decentralized CPU with like 50 decentralized Cores". Each of these Cores will be tasked to validate/compute a parachain for a small period of time. In physical terms, a Core here would be a subset of validators tasked to validate a parachain for an allocated period of time. Each validator is itself an independent actor with $MM of nominated stake backing them. Furthermore, the Core's wont just be validating parachains for a small period, but really any app code that's willing to pay the fee for validation. What they're doing is building a proper "decentralized computer". This is what Ethereum was meant to be. Polkadot was already light-years ahead before this update, and now it's going into warp-speed again. Market will figure it out eventually.
Basically, the vision is Polkadot turns into AWS (Amazon Web Services) or something similar where you can pay as you go or pay for long term or get more resources if needed, very flexible design focused on the use of cores for computation and applications. In other words, Polkadot becomes a Blockchain As A Service platform (BAAS lol), which it already kind of is but limited to parachains leases or parathreads. So the design evolves to become more flexible! I think this is a phenomenal evolution of the network and does stick to the core vision. The downside is this should take 2+ years to develop but they'll probably ship it in batches as they always do. Another downside I can think of is this will create a lot of complexities that will require a lot of testing, and continuous extensive testing... so thank you Kusama for existing? Edit: Another thing he hinted was that Polkadot Relay chain can itself use a core to run smart contracts it requires. Since he forecasts 500-1000 cores, this should be easily implemented and wouldn't affect the whole system I would guess. I think this feature should probably be developed first just to showcase the use cases!
They’ve really nailed down what potential lies within Polkadot. I’ve found the young applications quite frustrating. HydraDX is the first one to really blue my mind and change the way I view the crypto space. Bravo Gavin!
Why is it not clearer for staking? The bonding nominating on ledger confuses the average retail investor. The dashboard is not letting me join a pool??? WTF.
Does anyone here actually use Polkadot? And did any of you actually contribute to the crowdloans???.... I did.....and it has been an extremely bad experience as a user and investor. In its current state, Gavin Woods ecosystem is going no where fast. Im interested if anyone...who actually uses this ecosystem, is having a good user experience?
I feel it, glad you mention RING its like a hidden gem! CRU has potential to do big numbers and my friends over at PHALA with PHA are doing some amazing tech with off chain workers.
Dr. Wood makes a 1h presentation where is clearly not highly motivated. - blockchain or chain words are replaced - a "new" vision is presented in slides with words - no grafical representation of vision / future - dates? roadmap? 100% agile Dont get me wrong, I am a fan of this gentlemen. But about this video, can someone summarize like I am 12 years old?
I seriously doubt you are understanding what is being proposed. If you have used this space to further underline what you don't want to understand then job done ✅
Slow? Polkadot was first a thing in 2020. If you compare it to Ethereum, it's been developing at a faster rate. But yes a Q&A should always be included after presentations
10/10 will watch again! Need more of Gavin Wood!
Love the direction they are taking now. Much more aligned with the initial vision I believe and should be a lot more scalable.
Gavin is back! Such a visionary, giving us knowledge beyond time! Thank you for the great insight for the future of Polkadot!
if the vision keeps changing...
@@stewheart , then you embrace the future and creating meaningful solutions.
@@notknown42 visionary- you have a vision from the start that you stick to... visionaries create the future, believers embrace it.
@@stewheart that is simply stupid. nothing else to add.
@@stewheart vision doesn't changed at all, but implementation methods are being adjusted.
Dr. Gavin Wood, The Man, The Myth, The Legend.
Don’t forget the pedo also!
Does anyone here actually use Polkadot? And did any of you actually contribute to the crowdloans???.... I did.....and it has been an extremely bad experience as a user and investor. In its current state, Gavin Woods ecosystem is going no where fast. Im interested if anyone...who actually uses this ecosystem, is having a good user experience?
I really like what Gavin said about intention and ethos. Decentralization could become meaningless if it is not used a tool to disrupt the power paradigm! Polkadot rocks!!
It's clear that we're heading towards a bright Polkadot Future. This talk got us so excited, great to see Gavin wood back on stage too! Still believe that owning DOT is a front row seat to the most secure and soon-to-be agile blockspace on earth. And let's not forget Kusama, which stands to gain massively as teams can onboard more easily.
Was in the room listening to all of this at the time and instantly got it. Part 1 reminded me of three things:
1) the evolution of HPC distributed computing with temporal dependency and message passing-> linear scaling and embarrassingly parallel distributed compute+storage
2) scalar based compute -> SMP/SIMD vector/matrix based compute with scheduling for register access of instructions and the affinity given to each with clock cycle prioritisation
3) cloud compute resource consume pricing models
Each evolutionary in revolutionising the fundamental units - compute + transport + storage resources
Long live Polkadot, may it’s vision triumph
how could a person study polkadot and what qualifications do you need to have to work for Polkadot?
Polkadot supercomputer has 50 cores at the moment which can grow to 500-1000 cores in the nearest future. Oak Network is well positioned to provide on-chain automation for all of this and this shows how innovative and vital Oak Network is to the polkadot ecosystem.
And with Dr Gavin Wood being such a visionary leader and seeing into the future about how this super amazing ecosystem called Polkadot could metamorphosis and explore its full potential there is no better time than to look into the Oak Network and explore all of the amazing features it’s bringing as a parachain to the Polkadot ecosystem
Brilliant vision Gavin. Bought some more Dot today.
Absolutely a game changer of a game changer!! Love it!
im excited for what DOT is building. lets goo!
It's been a humbling and inspiring talk at the same time. All this will take time to be ready, but better change and adapt than slowly die. All the best to Gavin Wood and the rest of the team!
This is really visionary, i like the concept of cores and blockspace. It is also quite complex so it would need a lot more explanaition BUT it seems really oriented for the future! Oh and i also like how Gavin is talking a bit more straight about Polkadot being the only project capable of certain things - showing teeth.
how could a person study polkadot and what qualifications do you need to have to work for Polkadot?
do they teach this at university?
@@rg950look into polkadot blockchain academy.
Gavin we Love You!
Amazing! Great to see him talking about a more open source approach.
This is the kind of people that the crypto space needs. It's impossible to think that Polkadot has not a bright future. Let's goooo
Thank you Mr. Wood, great future ahead for Polkadot
Gavin has really gone deep into the rabbit hole of an eccentric life
I hope to accumulate enough Dot before this thing takes off......😊😮
was exciting to be at my very first crypto event, very first Polkadot crypto event, and was bowled over by Dr Gavin's vision for Polkadot... complete with his hand drawn sketches of the visin.... top top top 💯💯💯
Im an investor and I believe this project will catapult to the moon one day. You guys keep up the great work.
Excellent presentation by Gavin. Buying more DOT and never selling.
you should take profits sometime man its not good to get rugged by the market because you fall in love with a coin
I like the sound of abandoning the auction model
i have invested in $DOT eco system
Dot is future of block chain interoperability ❤
Excellent presentation!
It’s a bird, it’s a plane, no, it’s Dr. Gavin Wood!
Tudo que vem da Polkadot é sucesso.
The toilet paper sketches Gavin made 40 minutes before the talk really tied the transformational announcement together.
Napkins
haters gonna hate. nobody cares.
*I also thought it was on toilet paper and I'm not a hater lol*
"Always look on the briiiight side of life!" - Monty Python is who he sounded like. Crowdloans were fun.. made my profits and got the hell outta dodge. GL to the future dotters.
Bravo! 🚀🚀
🔥🔥🔥🔥🔥🔥HE GIVES ME HOPE
*This was amazing, I was happy to be in that room, shame I couldn't talk to him in person*
DR. GAVIN WOOD ❤
Amazing
Oak is using a modular architecture that allows it to be easily customized and extended. This makes it well-suited for a variety of applications, such as decentralized exchanges, lending platforms, and asset management.
BUILDING RESILIENCE ❤
Gavin wood is such a brilliant man
I am usually able to learn stuff relatively quickly, but after 10 hours of researching on polkadot I still have not the slightest idea what it is about or how it works
I proposed on reddit about this around 18 months ago, a Polkadot with guaranty for the developer, with out the hassle of renewing the parachain contract in certain period, glad to see things are turning that way. If I am a developer, why to gamble with my application's future by deploying it on a parachain with assurance of maximum 2 years? especially when there are other chains available, of course low tech, but with certainty. Another proposal from me was to have a common good chain by polkadot, where you can deploy smart contract, like in ethereum, to bring more authenticity to the project, I am not a crypto holder, but an enthusiast and analyst. This is what I thought as a layman following Polkadot from beginning. I really believe this proposal will do wonders for polkadot.
So correct me if I'm wrong, but it's like a pay-as-you-go blockchain cloud service, except it's decentralized, and because of interoperability you will be able to tap into any existing type of blockchain through Polkadot network?
Polkadot wygląda dobrze 👍
Just a thought but with the new polkadot innovations, which I think are fantastic, but without the two year dot support, is there any use case for dot other than staking?
I think in the new one, you have to pay in DOT to access the block space… but I could be wrong
This sounds amazing.. complementary to Ethereum.
JAM will be such a monster of a machine! DOT 4 life!!!
Mr . Legend of blockchain technology
thanks so much
29:00 want to use this so a large group of people can use this on a rotational basis. Only connect to the blockchain when you need to raise money for a community project.
36:00 use this section of the talk to into the eukaryotic cell biomimicry of oS3. Polkadot as 8.1 PlanPi technology. Share my previous hempPaper for oS3 and see how polkadots new ecosystems compare
Dang he's calling them "blobs" at 37:00
54:00 ZK Primatives are the different programming interfaces for oS3
57:00 oS3 solves the problem of human decentralization. They need more users who can contribute to the system.
58:00 this is such a subtle way to say we need to involve more people to make sure institutions stop the systematic corruption lol
TAKE A DAMN SIP ALREADY!!!
Lovely bro Go go go , ideology first !
DOT number one 👍💪
What is the best buying price for polkadot I want to hold atleast 2025.
Hi, can someone give me a synopsis of what the talk is about and what Polkadot is aiming to do differently later on? Don't get too technical, just looking for a broad overview.
Edit: I should say summary, not synopsis
Polka dot!!! ❤
Feeling Johnny Silverhand vibes here!!!!
I have to agree about the portion concerning decentralization. I've always thought of this as a buzzword, but with actual intent and focus on ethics/ethos this could be the proper step in making the D word legitimate.
🧨🚀🚀🚀🚀🚀BSX Basilisk!!!!!!!
Interesting, where can I play around the codes for this? Or where will this be available at, i'd assume it's somewhere in github or the likes?
I don't understand the concept of cores, wouldn't it be very centralised if only 50 cores are currently running the relay chain?
No, it's not what you're thinking.. He's not saying that Polkadot will be executed on "50 CPU Cores". He's saying Polkadot's relaychain will be reconceptualized as a "decentralized CPU with like 50 decentralized Cores". Each of these Cores will be tasked to validate/compute a parachain for a small period of time. In physical terms, a Core here would be a subset of validators tasked to validate a parachain for an allocated period of time. Each validator is itself an independent actor with $MM of nominated stake backing them. Furthermore, the Core's wont just be validating parachains for a small period, but really any app code that's willing to pay the fee for validation.
What they're doing is building a proper "decentralized computer". This is what Ethereum was meant to be. Polkadot was already light-years ahead before this update, and now it's going into warp-speed again. Market will figure it out eventually.
Basically, the vision is Polkadot turns into AWS (Amazon Web Services) or something similar where you can pay as you go or pay for long term or get more resources if needed, very flexible design focused on the use of cores for computation and applications. In other words, Polkadot becomes a Blockchain As A Service platform (BAAS lol), which it already kind of is but limited to parachains leases or parathreads. So the design evolves to become more flexible! I think this is a phenomenal evolution of the network and does stick to the core vision. The downside is this should take 2+ years to develop but they'll probably ship it in batches as they always do. Another downside I can think of is this will create a lot of complexities that will require a lot of testing, and continuous extensive testing... so thank you Kusama for existing?
Edit: Another thing he hinted was that Polkadot Relay chain can itself use a core to run smart contracts it requires. Since he forecasts 500-1000 cores, this should be easily implemented and wouldn't affect the whole system I would guess. I think this feature should probably be developed first just to showcase the use cases!
Amazing talk as Gavin has us used to.
1Dot=286usd
500 usd
😂 sure
Never
I wish they could have arranged something to keep the can
They’ve really nailed down what potential lies within Polkadot. I’ve found the young applications quite frustrating. HydraDX is the first one to really blue my mind and change the way I view the crypto space. Bravo Gavin!
editor, why would you include lady yawning at 48:29 ?
LOL
Am I right in thinking this is the general approach ICP is taking?
pour moi, bois gavant est l'alter ego de vitalik butter-in
Mind blowing
Does polkadot use ChatGPT???
When polkadot 2.0 release ?
''Father Ted''
lamo
pamp it gav
G'wan G'wan G'wan
🖖
Less ads please
He decided to grow his hair untill end of bear market
It's still early spring time for bullmarket so maybe give it 6 months or a year...
1:42
No ideas what any of this means, I hold 1000 dot, will I have to do anything if there’s an upgrade and is this good for tokenomics and future price?
Hearing this is actually pretty concerning
Why so many adds.
❤
Why is it not clearer for staking? The bonding nominating on ledger confuses the average retail investor. The dashboard is not letting me join a pool??? WTF.
これは、良いニュース？
Why does nobody respond in your telegram?😊
discord
Wow
ผมชอบ DOT
👌🏼
I belive in Parachain,,, and people will understand later on...
Does anyone here actually use Polkadot? And did any of you actually contribute to the crowdloans???.... I did.....and it has been an extremely bad experience as a user and investor. In its current state, Gavin Woods ecosystem is going no where fast. Im interested if anyone...who actually uses this ecosystem, is having a good user experience?
This core stuff is a rug pull on the entire parachain ecosystem but it is necessary to stay ahead of the competition.
PHA, CRU, RING
I feel it, glad you mention RING its like a hidden gem! CRU has potential to do big numbers and my friends over at PHALA with PHA are doing some amazing tech with off chain workers.
@@CryptoHustler101 I've been slowly accumulating Ring and PHA. Just need a bit of CRU now. Very excited for the DOT ecosystem over the next few years!
Dr. Wood makes a 1h presentation where is clearly not highly motivated.
- blockchain or chain words are replaced
- a "new" vision is presented in slides with words
- no grafical representation of vision / future
- dates? roadmap? 100% agile
Dont get me wrong, I am a fan of this gentlemen.
But about this video, can someone summarize like I am 12 years old?
A simpler way to explain - This is the AWS moment for blockchain. Where you can spin up your own blockchain on-demand.
@@Joshua-cIs that big news
State of his hair
Poker fail? Wen users?
when english grammar?
@@notknown42lol
Polkadot inflasinya kaga nahan
Auctioning Parachains is what has kept me from investing in Dot and this core rental doesn't seem that much more flexible or open source.
I seriously doubt you are understanding what is being proposed. If you have used this space to further underline what you don't want to understand then job done ✅
Dot has lost its way!
A lot of promises...but very slowly developing,. The presentation should have Q&A to hear some negative feedback...
Slow? Polkadot was first a thing in 2020. If you compare it to Ethereum, it's been developing at a faster rate. But yes a Q&A should always be included after presentations
Buy Kaspa
based
You are not letting me write my actual comment here. This is sad.
I'am not sure...
👍🏿
ghostchain they had their time no more 100x gains
Alt holders be like
They are all ghostchains until they take off. Arguably, you are looking through the wrong end of the binoculars.
Tell me you own ADA without telling me you own ADA
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